Senate Deal Fixes Nothing
This was a complete liberal victory that has made republicans look foolish.
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The Senate announced a deal today to protect the status quo in Washington. As pundits debate the political winners or losers of this deal, one thing is awfully clear: The American people are once again on the losing end. The Wall Street Journal reports:
Senate leaders on Wednesday struck an 11th-hour agreement to avoid a U.S. debt crisis and fully reopen the federal government, putting lawmakers on track toward ending a stalemate that worried investors world-wide and provided striking evidence of congressional dysfunction.
To truly avoid a spending and debt crisis, today and in the future, Congress should cut spending and enact entitlement reforms that put the budget on a path to balance. But, far from avoiding a U.S. debt crisis, the deal fails on two main fronts.